Kenya has signed an Eur 128 million (Ksh 20 billion) loan agreement for Nairobi’s Commuter Rail. Treasury PS Chris Kiptoo and French ambassador Arnaud Suquet signed the agreement at his office in Nairobi today.
Present was the Principal Secretary, State Department for Transport, Ministry of Roads and Transport, Mohamed Daghar and the French Minister for Ecological Transition, Christophe Bechu.
The funds will be allocated to the signalling, communications, automatic fare collection system and train operation systems of the rail.
“The project encompasses Signaling, Communication, Train Operating System, and Automated Level Crossings; an Automatic Fare Collection System with a fibre optic backbone; Civil Works; and ICT equipment like servers and redundant storage,” a post from the National Treasury X page read.
The modernization of line six of the Nairobi commuter rail is part of Kenya’s sustainable urban development plans that also seek to improve the city’s transport services and mobility within the Nairobi metropolitan area.